Dec 28, 2012 4:00pm PST
introduce if no deal is reach. >> put a deal on the floor making sure taxes on middle class families don't go up, unemployment insurance is available for two million people and lays ground work for additional deficit reduction and economic growth steps we can take in the new year, let's not miss this deadline that. is the bare minimum we should be able to get done. >> we've been looking at the cost of going over the fiscal cliff. we showed you aá](ny calculatoro help you estimate how much your taxes will go up. we'll take a look at how spending cuts will impact californians, in the bay area. >> mark, thank you. >> our other top story is the weather. another storm system hitting parts of the bay area, reservoirs are now at capacity because of the rain. >> here is a live look from our camera. looking north at the bay, and you can see there is cloud cover there. sandhya patel is tracking the storm's path on doppler 7 hd. >> i want to show you where sit raining now. not everyone is seeing moisture reaching the ground. as we take a look, you'll see where the moisture is actually
Dec 21, 2012 4:00pm PST
being less than truthful about at approach to the negotiation autos he wants more spending and more tax hikes. that will hurt our kme. he won't deal honestly with entitlement reform and big issues facing our country. v negotiations but influence remains in question after he failed to get his fellow republicans to back his plan b proposal last night. >> we're on storm watch. here is a look at live doppler 7 hd, which is tracking the storm moving through now. sandhya patel is next with how long the rain will last. >> and not a lot of christmas spirit, police used extreme measures to break up fighting over a new pair of sneaker autos why a chevron is moving 800 jobs out of the bay area. >> at 409 here is a look at get away traffic on a friday afternoon. a soggy mess on the skyway. it's'oy wumper to bumper in the rain in, both directions. left to right going on the lower deck, then east bay, car side haegd southbound or trying to. stay with us. more still to come on abc 7 news at 4:00. >>> police use pepper spray in a mall in texas to break up shoppers fighting to get some new air jordans.
Dec 26, 2012 4:00pm PST
congressional republicans. if there is no break through, every american will be hit with higher taxes. a schoolteacher with two kids and a salary of $43,000 will face a tax hike of $3,000. the super rich like lebron james would see his tax goes up more thanhóÁ$2.4 million this year. >> i want us to not go over the cliff. i think it hurts the country. >> middle class people shouldn't have tax goes up?(héq $2,000 a year, we should start making some meaningful reform on debt. >> going over the fiscal cliff mean morz than higher taxes. federal workers at risk of being furloughed and unemployment benefits for two million people could expire saying the nation will fall back into a recession. there are reports hairy reed is now working on a smaller deal than the one the president negotiate yatesed with house speaker john boehner. >> the package reportedly preventing tax increases on middle class families and cut some spending programs but it's not clear such a plan could pass. >> star bucks is using its coffee cups to jump into washington politics. the world's biggest coffee chain asking emp
Dec 27, 2012 4:00pm PST
matthews brings us up to speed on gridlock. >> sticking point continues to be tax cuts z in starting to look like no deal before the january 1 deadline. this may already be too late. five days until the fiscal cliff. hairy reid admitted a deal seems unlikely. >> i have to be honest. i don't know time wise how it can happen now. >> reid called john boehner a dictateor and paintin painting -- pointing blame on him. >> we're here in washington working. wile members of the house of representatives are out watching movies and watching the kids play soccer and baseball. john boehner seems to care more about keeping his speakership. >> the republican leader says the democrats have failed. the only reason democrats have been trying to deflect attention on to me and my colleagues over the past few weeks is that they zront a plan of their own. >> the president return forward a last minute push before leaving on vacation in hawaii. he had separate phone conversations but it isn't clear talks helped. >> hopefully there is time for an agreement of some kind. >> washington's failure threatens to u